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'Hard Sell' for Europe to Get China or Brazil Help

Tuesday, 15 Nov 2011 | 11:45 AM ET

"I think it's a pretty hard sell for Europeans to go to China or Brazil or Singapore or wherever and say, 'Hey guys, we've got this fantastic idea with you putting some of your money into a bailout fund that we're not prepared to put our money into," former EU Commissioner and Chairman of the BBC Trust Lord Patten told CNBC.